I think our generation has a problem with financial literacy.
People will do foolish things with money. I was 21 when I got married, I stopped by Flamingo and I saw very well dressed people travel all this way to take part in a mathematical equation that will always have expected return of less than 0. That's a world of opportunity.
CM - I don't think you can teach high finance to someone who cannot understand how to use a credit card.
WB - someone who doesn't understand credit cards prob won't get equity put options
